The J&Okay Financial institution officers related to the AIJKBOF knowledgeable that they had been known as for a gathering by the financial institution administration round 9:30 am on Saturday at its headquarters in Srinagar however closed the doorways once they arrived on the venue.
“Focus of this financial institution proper now’s simply profitability fairly than the bigger socio-economic targets that outlined the financial institution earlier. The administration even mismanaged right this moment’s occasions, by not permitting the officers for the assembly and calling police as properly,” mentioned Riyaz Ahmad Bhat, Basic Secretary of the AIJKBOF which is the a part of the All India Financial institution Officers Affiliation.
The protestors reiterated the demand for fast wage settlement in J&Okay Financial institution as signed by AIBOA and Indian Banks Affiliation in Mumbai on March 8, this yr. In addition they demanded dialogue on workers accountability coverage circulated by the administration.
“This workers coverage is authoritative and contradicts even the regulation. Our work-life steadiness has been acutely impacted as we’re being known as to work on holidays and past the working hours as properly. That is harassment,” mentioned Bhat. The protestors additionally claimed that the variable pay element of their wage which was agreed upon in 2006 via a mutual settlement and revised a minimum of thrice since then has been frozen since 2021.
“Administration isn’t speaking with the federation and doing no matter they need. For instance the coverage of apprenticeship ought to be deserted as it’s exploitation of youth. Relatively than filling the vacancies, they have interaction kids for round a yr, which exposes the financial institution to information theft and different vulnerabilities with such non permanent cease hole preparations,” mentioned Bhat.The AIJKBOA is planning to accentuate the protests if the administration continues to play deaf to their calls for and would not tackle their considerations instantly.